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and children are killed. the shooter is also dead. this is the 12 the mass shooting this year and america and mr. obama said that the country must take action. >> a friday morning with chris this looming. -- christmas shooting. moments later, heavily armed officers went in and it terrified children aged between 5-10 were being carried out. >> i saw some of the bullets going past the hall that i was right next to and then the teacher pulled me into her classroom. we heard shots and everyone went on the ground. >> we all went over to a corner and the teacher was to keep us until the police officers. >> they had machine guns. >> i heard seven loud booms and then the teachers told us to go in the corner. we all huddled. i kept hearing these booming noises. >> as alarmed parents rushed back to the school, are the reports told of the gun at confronting a children and three -- confronting a teacher. it became clear that this was murdered on a horrific scale. >> there were fatalities, there was 18 children that were pronounced dead at the school. there were two that were transported to area hospi
that group selection is the reason for human evolution. steve cole, president of the new america foundation, investigates the power and global influence of exxonmobil in "private empire: exxonmobil and american power." for an extended list of ligs to 2012 notable book selections, visit booktv's web site, booktv.org or our facebook page, facebook.com/booktv. >> booktv continues now with diana furchtgott-roth. she takes a look at president obama's green jobs initiative and argues that it hurts the economy. this is about 40 minutes. >> good afternoon. i'm howard, vice president for policy research at the manhattan institute. thanks so much for joining us. the question of of whether and how government, particularly the federal government, directs tax dollars to specific industries was a discussion in last night's presidential debate, and can it's become an important and ongoing theme in the current presidential campaign. the terms on which washington assisted the finance and auto industries have also been the focus of intense debate, but probably the most contentious example of all is the one o
america up. and we're looking at this issue now, and we want action. >> okay, thank you so much, chief johnson. larry johnson, thank you, sir, for joining us as well, and thank you cliff van zandt. and chris jansing, my colleague at msnbc. that's "hardball" for now. thanks for being with us. "the ed show" with ed schultz picks up msnbc's continuing coverage of the sandy hook elementary school shooting right now. >>> good evening, americans, and welcome to "the ed show" from new york. there are tragedies in life that shake our souls and break our hearts. today the nation experienced one of those tragedies. every american will struggle to come to grips with what happened today in a small community in connecticut. sandy hook elementary school in the small community of about 27,000 residents was the site of a shooting rampage. at this hour we know 26 people at the school were shot and killed by a lone gunman. 20 of those deceased were children. surviving students and their parents said teachers ordered children to hide in closets. witnesses reported hearing dozens of shots, as many as 100
, the slogan better read than dead. but, we strongly rejected the idea that america represented the losing side in the struggle against soviet expansionism and the communist play that went with it. to the anti-communist passion we shared with chambers, inseparable from a commensurately powerful love for and faith in the united states of america and the civilization for which it had gone to war against the two great carriers of modern totalitarianism, first not see germany and now communist russia. and on like chambers, we believe that the united states would eventually turn back the communist threat to western civilization, just as surely as it had done to the equally evil threat posed by not to germany. not, mind you, that we underestimated the might of the soviet military or the strength and the resolve of the anti anti-communist forces. against as both at home and abroad. in fact, there were times when we came close to a feeling that chambers and other conservative anti-communist like james vernon who wrote a book entitled suicide of the last, we feared that they might be right. for me, one
san francisco one of the best baseball towns -- no, the best baseball town in america. [cheers and applause] let us now welcome and please show your love and enthusiasm the mayor of city and county of san francisco the honorable edwin lee. former mayor and current lieutenant governor the honorable gavin newsom. the city chief of protocol charlotte schultz, and her husband former secretary of state george schultz. former mayor willie brown. [cheers and applause] and former mayor frank jordan. we want to acknowledge the husband of united states senator and former mayor dianne feinstein, mr. richard bloom. the wife of former mayor gina mos coney and the wife of former mayor joe alliteo, catherine. the sister of former mayor george christopher. the board board and the rest of the city family who has made this event possible. we are also honored to be joined by several giants dignitaries. president and ceo larry baer and his wife sam. [cheers and applause] . giants vice president and general manager brian saibian and his wife amanda. [cheers and applause] the wife of the skip
of the most attract david livable cities in america. as mayor, dick lugar worked carefully with the indiana general assembly, then governor would come to extend the boundaries of the city and merge indianapolis and marion county to provide common essential service is more efficiently, a concept that called unit of. unit of wasn't without conversely because of dick lugar's vision, careful negotiations and decisive action, indianapolis became a model for other cities across the nation. when the law took effect in 1970 indianapolis population rose from 476,000 to 783,000. moving from the 26th largest city to one of the nation's dozen large cities literally overnight. why didn't the numerous positive changes in indianapolis over the past 40 years, i see the fulfillment of the vision of then mayor dick lugar. not the midwest has a way of producing bad and the amended decency. none of us fall in that category. sometimes that sense is questioned, but we do have individuals who have the ability to see to the heart of the matter and find a way to resolve a problem. such scale is extremely valuable i
in america, and republicans all right, we have a promise and a process for entitlement reform in the coming year. the reality is that that's actually not a very good thing because congress can't do anything, and these committees have not been fruitful in the past. it's how we got ourselves in the spot in the first place hrough the supercommittee who couldn't avoid sequestering. neil: elizabeth? >> i agree much it's chris brown and rihanna going back to the same sisks, and it doesn't work out. bottom line, i don't know there's a deal, but if it is, the pattern is kicking the can do the road. i agree with that completely. you won't see change because that's not helped the economy at this point, and it probably will not help it in the future. neil: incredible, absolutely incredible. thank you very much. in the meantime, sandy money to fix the smithsonian's roof. this has you hitting the roof. speaking of hitting, remember the union guys and the fists? get lawyers. get lawyers. [bleep] - ♪ o beautiful ♪ for spacious skies ♪ for amber waves of grain ♪ for purple mountain majesties ♪
be here that we decided this weekend to also require the americas cup to celebrate -- to require the san francisco giants to have a play off game, the 49ers to play this weekend, the blue grass festival to be here, the parade, as well as the castro sea fair to coincide and welcome you in style. but i wanted to say a few words about the one thing that keeps me up as the head of the legislative body here in san francisco. the reason why i sit with many of our first responders on our city's disaster council, the reason why a few years ago chief white and i led almost a half a billion dollar bond campaign to rebuild the water, fire, and police infrastructure. about every six months i literally wake up in the middle of the night thinking about what would happen if a disaster struck our city. and i think about this and i think i have these nightmares really for three reasons. one, everyone who lives in san francisco knows that in 1906 we were hit not just by an earthquake, but by an earthquake that led to a fire that burned down literally every single neighborhood in the district that i curren
are not throwing america's seniors over the cliff to get a tax cut for the wealthiest people of america. we have clarity on that. host: sarah kliff? guest: the eligibility age quickly shaping up to be a big issue for the fiscal cliff. house republicans have said this is something they want to come out of these negotiations. congressional democrats, one of the top senators, has said we are not on board with it. it is difficult to see where that issue lands. what that will mean even chile is moving the age up to 67 -- will mean eventually is moving the age up to 67. host: the issue of spending, a large majority goes to these programs, medicare and medicaid, social security. speaker boehner was speaking about that yesterday. >> i am not concerned about my job. i am concerned about doing the right thing for our kids and grandkids. if we do not fix this spending problem, their future is going to be rather bleak. host: this doc fix will cost potentially $25 billion. where is the debate heading? guest: it is heading into the holiday season as there seems to be an impasse between the two political parti
a look at america by the numbers and what america looks like by the year 2016. jennifer ortman and william frey here to talk about america by the numbers. we are back in a moment. >> president obama in the reaction to the connecticut shootings. later, the impacts of the so- called fiscal cliff on tax filings. >> president obama on the school shooting in connecticut. he said the time is not to take meaningful action. he was notified by homeland security advisor john brennan. he ordered flags lowered to half staff. this is about 5 minutes. >> i spoke with governor malloy and fbi director muller. i offered governor malloy my condolences on behalf of the nation and made it clear he will have every resource he needs to investigate this crime, care for theirctimw and families. we have endured too many of these tragedies. each time i learned the news, i react not as a president but as anybody else would, as a parent. that was true today. there is not a parent in america who does not feel the same grief i fail. do. the majority of folks who died today were children between the ages of
who love america and those who don't love america. i would like to add a quote from bill buck lee showing that how much you could love america -- [inaudible] and it's the line from the genesis of oaks in which he says, this country of ours so crazy and mixed up much of the time, and yet, still worth everything. >> well, of course it has flaws. everything has flaws. e everything human has flaws. the question is what you emphasize, and what has been emphasized in our culture for well forty years now, it was increasing intensity, is the flaws. i mean, you've got several generations of kids who have been educated to believe that the country stinks. it was born in sin and continued to be pursue evil object is, et. cetera. that's why i keep harping on this issue. i still think it is the major issue facing us, and conservatives, at least of not all strifes, i have to sigh, are the only force in the country that can be relied upon to -- well, at los, i think stop it. this particular history, i think, we can yell stop and it can succeed. we can draw on the deepest resources of the country'
of america's news headquarters which begins right now and we'll go right to newtown, connecticut. state police there wrapping up a press conference just a short time ago. our molly line is standing by live near sandy hook elementary school with the latest on the investigation, molly. >> there's a broad expectation of grief and at some point the names of victims will be released today. we do know that all of the victims' bodies have been identified and removed from the school and offering comfort throughout the day as well. you mentioned that police have said that this the shooter did not -- was not buzzed into the building willingly and in other words, forced his way in and quick to say in regards to broken windows across the school. that may have been done by the law enforcement community and people that arrived there and wanted to get into the school as quickly as possible to respond to the emergency underway and meanwhile, investigators are peeling back an onion here, looking at the layers of this and every crevasse of the school to get all the information they need to find out why t
and for america. what do we know about the person who perpetrated the hideous crime? >> reporter: you know, it is so heartbreaking, piers. we are learning he is 20-year-old adam lanza. we know according to our sources that for whatever reason when he came to the school this day, he was wearing what is described to me as black battle fatigues and a military vest. he came armed with three weapons. two of them handguns. one as a glock and another as a sig sauer and a third police found in the vehicle. the two weapons were found on him in the school. the third was found, the bushmaster which is a semi automatic was found in a car outside the school. what led him to this? we don't know. we do know this. police have questioned both his brother and his father. his brother was taken into custody for questioning only. he is not being called a suspect. from his apartment in hoboken, new jersey. we understand the father was also questioned by authorities here in the newtown, connecticut area. the father is divorced from nancy lanza. she is the mother of the two who is a schoolteacher and counted amon
, hollywood movies. >> gun violence culture in america. >> it is a gun violent culture in america has to be tackled from all areas. there has to be a proper debate. my argument is, politicians here don't want to have this debate. >> well, they have to. they have to. you have to have a congressman like jerry nadler on today, you have to have a republican congressman step up, get together. this has to be taken care of, we can't talk about it anymore, we have to start doing things in america. >> listen, thank you all for joining me. all in your own way have been through horror stories of your own. it is time. president obama talked in a moving and emotional way. it's time for action. time that america's politicians just did something. stop worrying about the gun lobby who make millions, billions out of this trade in what often leads to appalling death it is time for some moral conviction and some moral courage. stay with cnn all weekend long for the latest on the school shooting. right back on sunday night with a special edition of "piers morgan tonight" "ac 360 starts now." >>> piers, t
in america. folks in littleton, colorado, once thought the same about their town. until the shooting at columbine. 13 years later, barry petersen reports the wounds there have still not healed. >> reporter: it was april 20, 1999. two heavily armed columbine students walked into their school and opened fire. they killed 12 students and one teacher before killing themselves. have you ever actually recovered from this? >> no. i mean -- >> reporter: still haunts you? >> yeah, it does. >> reporter: frank de angelis was the principal that day as he is today at columbine. what went through your mind when you heard about what happened in connecticut? you've been there. >> i was in a state of shock. immediately my heart was just broken and kind of nauseous, to be honest with you. >> reporter: his first thoughts were of the agonizing moments as the news spread. >> the thing that weighs on my mind is when parents are waiting in a room and students are not coming to them as the other parents receive their kids. and i'm sure every parent who is in connecticut today when they heard the news were w
see the extraordinary expansion in africa, latin america, or evangelicalism in our own country as a sign today of new hope? i leave you that for the discussion period. thank you. [applause] >> i want to begin by quoting stockdale who said who am i, and what am i doing here? the first thing that occurs to me is perhaps i had been invited because i am the owner of a hat that looks remarkably like the one that chambers' models on the cover of the program. [laughter] it's possible. i've been invited because i'm an avid viewer of "homeland" about a trader working his way up in the u.s. government positioning himself as a vice president and the mas nations of a henry wallace. i think the more obvious reason why i'm invited because nathaniel is extremely, extremely, very, very, very persistent and would not take no for an answer although i explainedded i have little knowledge of chambers beyond reading the book when i was proxzly 16 years old, and having been influenced by it, i'm not in any way an expert on chambers, witness, influence, but i will talk as directed. [laughter] i want
. and that was especially true today. i know there's not a parent in america who doesn't feel the same overwhelming grief that i do. the majority of those who died today were children. beautiful little kids between the ages of 5 and 10 years old. they had their entire lives ahead of them. birthdays, graduations, weddings, kids of their own. among the fallen were also teachers and men and women who devoted their lives to helping our children fulfill their dreams. so our hearts are broken today. for the parents and grandparents, sisters and brothers of these little children, and for the families of the adults who were lost. as a country we have been through this too many times. whether it's an elementary school in newtown or a shopping mall in oregon or a temple in wisconsin or a movie theater in aurora, or a street coroner chicago, these neighborhoods are our neighborhoods, and these children are our children.ner chicago, these neighborhoods are our neighborhoods, and these children are our children. and we're going to have to come together and take meaningful action to prevent more tragedies like this, r
between walter reed and bethesda. america's army is an amazingly heroic army. they have occupied valley forge , tokyo, berlin, danang and now it occupies bethesda, maryland, but we're working through that. how do we break those cultural barriers, how do we figure out supporting supporters, how do we do that before the next capacity goes on? so what have we done, what capabilities do we bring, where do we use them and how will they be playing a role here in the event of the most likely nightmare scenarios for this area? i grew up in the bay area, i have tremendous affection for it. i did train on the east coast but i grew up in santa clara and in napa, i used to come down and watch candlestick park, my dad would bring me down, i would watch the 49ers play and i have great pride in the amount of collaboration and cooperation you are showing to figure out what the next nightmare scenario might be and be ready for it. it's probably going to be either an earthquake, it may be a man-made catastrophe such as an heinous terrorist act that could range anywhere from a mass casualty with chem-b
over on the boat he was told the streets of america were paved with gold and found out there were no streets and he had to do the paving, and i think the strongest part of our culture is "the family". we may have our dysfunctions but our families never dessert us and my family didn't know much with the lgbt issue so when i came out of the closet i thought they would be so upset i would lose them. wouldn't happen. once my son had a sign that said "i love my gay son that never calls" and that is it and i want to welcome the counsel general and his partner and actually we share a vice, and it's called napoli. i think i can say it right. (. [speaking foreign language] . we don't want you to do that but want to work out programs to share our fabulous culture and again thank you. [applause] >> hello. i am honored. i am david chiu president of the board of supervisors. i fall in a long line of succession of italian presidents at the board of supervisors. i am here honored to be supporting our board and my colleague scott wiener and representing the oldest italian neighborhood he
today described as the safest place in america, is in total shock. 90 minutes into the school day on a bright winter morning here, police got a call from the sandy hook elementary school. >> sandy hook school, caller's indicating she thinks there's someone shooting in the building. >> reporter: at around 9:30, the shooter, 20-year-old adam lanza, a former student in the local schools, shown here as a teenager, had barged in. according to the police, he was heavily armed, coated in body armor, and ready to kill. >> we heard this racket at our classroom and we were like all scared, so then we heard them say, go in your cubbies. >> reporter: there were more than 600 children from kindergarten through fourth grade inside. >> it was really scary. teachers just said, sit down inside the corner and be quiet. >> reporter: calls went out to police even as shots were still being fired and within five to ten minutes, tactical teams with long guns drawn swarmed the school, a stark contrast against the backdrop of this bucolic, woodsy neighborhood. >> reports that the teachers saw two runners
of the tabloids in the city. america weeps. the president of the united states spread a couple of tears in the briefing room yesterday. slaughter of the innocence and a picture you saw a lot of yesterday from the patch -- rather the b in new town where the police officer leads the children single file out of sandy hooks school. >> so many horrific things but the worst there are 20 kids dead between the ages of 5 and 10 years old. there were clues he was capable of doing this. >> there will be an update at 8:00 this morning with authorities. >> peter doocy is live with the details. >> tell us what you have learned overnight. >> allison, we learned that the medical examiner's office has been working all night long inside sandy hook elementary school. they are trying to have the 20 children and 6 adults who were murdered inside yesterday during school identified by today. the killer who carried out the sick triem adam lanza murdered his mother before he came here. most of the deceased were found in two classrooms at a school most parents thought was secure. >> sandy hook school caller is i
's not a parent in america who doesn't feel the same overwhelming grief that i do. the majority of those who died today were children, beautiful little kids between the ages of 5 and 10 years old. >> reporter: in washington, d.c., flags are flying at half staff as the country mourns with this small connecticut town that has lost so much. of course, thoughts and prayers of this entire community tonight are with those 26 victims that died here at the school. 20 young children under the age of 10 and also six adults. meanwhile, the investigation here continues. that's the story live in newtown, connecticut. chris pollone, nbc news, back to you. >> many thanks to chris. now to try to talk something sensible about this, we welcome blake zeft to the show, a former obama presidential campaign aide. we welcome back nan hayworth and mark simone. nan, let me begin with you, please. you're a doctor. >> yes. >> i know you're not a mental health doctor. but it has been alleged that he has asperger's syndrome, personality disorders -- nobody knows. does mental health play a huge role in this, from what you kno
of his family came to america before the revolution, so they were really members of the american patriciate. you could buy--you pay for a substitute to fight in the civil war. you'd pay $300 and somebody else would go in your place, which is what morgan did. many other men did that as well it sounds to us like shirking, and certainly, many men who didn't fight felt guilty about it for the rest of their lives. it was, at the time, quite an acceptable thing to do in certain classes and for certain people, and surprising people didn't fight. in the james family, for instance, which i know a lot about, the younger two boys did go off to war, william and henry did not. morgan didn't. some of the adams's did and some of them didn't. it was interesting to see which--how it lines up. he and his father hated the idea of the civil war, because it was gonna disrupt business. they were doing cotton trading with england, they were trying to build america with european capital, build america's future and the--war interrupts commerce. it interrupts all sorts of other things. they weren't terrib
america. >> it has got to be tackled, and all areas. a proper debate. my argument is, politicians here don't want to have this debate. >> well, they have to. they have to. you have to have a congressman like jerry nadler on today, you have to have a republican congressman step up, get together. this has to be taken care of, we can't talk about it anymore, we have to start doing things in america. >> listen, thank you all for joining me. all in your own way have been through horror stories of your own. it is time. president obama talked in a moving and emotional way. it's time for action. time that america's politicians just did something. stop worrying about the gun lobby who make millions, billions out of this trade in what often leads to appalling death it is time for some moral . >>> well, i'd like to say it's a good morning, but it is a very sad morning here in newtown, pennsylvania. it's saturday, december 15th, i'm ali velshi and you are watching cnn special coverage of the connecticut school shooting live as i say from pennsylvania. it is one of the deadliest shooting rampa
of mental health services in america. i have to admit we failed. we failed america in protecting the lives of the seriously mentally ill. most of what they do is suffer in silence. their families want to do better by them and as a country we have not stepped up and been sympathetic and caring and appropriate for the seriously mentally ill. >> an extremely important point. what i was going to say is you both have made extremely valid points. you have three successive appalling mass shootings involving young men in their 20s where the background to all of them was not dissimilar. they seem to be fairly normal kind of slightly off, but nothing with alarm bells. the point of examining their character is that there must be a good likelihood that there others like that out there who may be considering similar atrocities. how do people who know these types of people spot any warning signs? >> piers -- >> let me start with the doctor. >> i'm sorry. i have three small children. before this interview they asked me what i was doing and we talked about this for about an hour and a half. my 9-year-old
. in an emotional address, he said this to the nation. >> i know there is not a parent in america who doesn't feel the same overwhelming grief that i do. the majority of those who died today were children. beautiful little kids between the ages of 5 and 10 years old. they had their entire lives ahead of them. birthdays, graduations, weddings. kids of their own. >> an extraordinarily emotional president obama earlier today. obviously, so many questions that are emerging after what happened today. a virtual massacre of little, tinny children, and the weapons that were used, nothing short of terrifying. susan candiotti following this today. three different weapons found in different places, very dangerous weapons. >> two weapons found on the shooters himself, in the classroom, where he was found dead. one of them is a glock, and the other is a sig sauer, both handguns, a third weapon found in a car, a vehicle, may have been his, outside the school. >> is that the school been parked so erratically, roped off with the crime tape? >> exactly. closely examining that car. the third weapon a semi automatic
said this to the nation. >> i know there's not a parent in america who doesn't feel the same overwhelming grief that i do. the majority of those who died today were children. beautiful little kids between the ages of 5 and 10 years old. they had their entire lives ahead of them. birthdays, graduations, weddings, kids of their own. >> reporter: the president, incredibly emotional as he . a masser of innocent tiny children and the weapons used nothing short of terrifying. our susan candiotti has been following the developments today. three different weapons found in different places, very, very dangerous weapons. >> that's right. two of the weapons were found on the shooter himself n the classroom where he was found dead. one of them is a glock and the other is a cigging sauer. both handguns. a third weapon was found in a car in a vehicle, may have been his outside of the school. >> is that the vehicle that had been parked erratically and roped off with the crime tape? >> exactly. they were paying a lot of attention, closely examining the car. the third is a semiautomatic known
, of the united states of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. >>> colleagues we have board meeting minutes from october 23, november twired and could i a motion to approve those minutes. motion by campus and seconded by advocate lows and those minutes are approved. and if you could read our two parliament special order. >> the first item of business between the board of supervisors this week representing district will he and 11 the mayor may address the board initially for five minutes and the board will recognize the supervisor with their questions and the entire discussion may be exceed five minutes per supervisor, mr. mayor welcome back to the champ for your final questions see if you have any opening comments. >> thank you president chew supervisors we made it to the end of the year and this is the last question time for 2012 and it's been a great year, a lot of accomplishments and i want to thank each and every one of you for each of the valuable leadership that you have provided along the way. we
you are the first asian america supervisor that i got know when i was a community activist and i appreciate your words of wisdom done and encouragement for all of the work that we do here and i also want to take a moment to colleagues remind you that you started the conversation around reforms year ago and conducted many meetings and trying to reform the jeopardia and the biz tax that we reformed just this last november and i remember having conversation with you about that before i joined this board in the small business commission and thank you for putting that idea in my head. i know that you have had tremendous service in sacrament toe and i hope and believe that you will continue to public service in years to come and hope to work pa with you in that capacity and i want to thank you on my behalf. >> thank you very much we are so happen to be here to acknowledge all of the work that you have done and i have to say in our own distribution, fee i don't evenna served [spelling?] served distribution four and you set the bar so high and i can remember now people running into me
of school tragedy continues tomorrow morning at 4:00 a.m. with a special edition of "good morning america." we'll have bay area reaction followed by another hour of "good morning america" at 7:00 and then the morning news at 8:00. >> we'll stay on top of this. >> it's going to be a chilly start especially inland. low 30s to mid 40s. partly cloudy by 8:00 a.m. mid 30s to 40s, rain coming in by the afternoon. >> dan: thanks very much. that is our report. "nightline" is next. >>> tonight on a special edition of "nightline," classroom tragedy. at least 20 young children and six adults shot and killed inside a connecticut elementary school. the worst shooting of its kind in history. we're eeg on the ground with parents, students and teachers, as a town and a nation grieves. >> the majority of those who died today were children, beautiful little kids between the ages of 5 and 10 years old.
be suffering in america but in most america it's flour shalling. wyatt cenac has more in this, his final report. >> reporter: in puerto rico the most popular television show is called superxlucido starring la comai and it's a a news program. in fact, this juggernaut gets 40% of the puerto rican audience and crushes most other major news networks in the state. though i traveled to san juan to learn their secret. >>> is it just me or is there a weird monster lady right there? >> no, she is a journalist. >> she's a journalist. >> yes, she is. this is like the famous. >> i came here to talk to puerto rico's most trusted journalist. >> yes, people get if yous from me. >> this is a puppet. >> it's a lady. >> i don't understand how your journalists. >> because we do investigations all the time. this is watt world will be within 50 years from now. >> men and foam women. >> that's right. >> we are the future of the world. >> all right, you know what, i'm out? i'm out, i'm out. >> hey, wyatt, thank you, good-bye. >> hey, wyatt. >> this had to be some sort of joke. so i decided to do something i hadn't do
six weeks is normal. john: america does not have mandatory vacation but we have 170,000 pages of federal rules and they keep passing more. it shows how america has recoveredince the great depression. to sit out this graph from dan mitchell because of these rules add this up and the government spending, tax increase coming can understand when our entrepreneurs think i do not want to hire people then i want to keep my company small then i am stuck with a mandate. i am worried we become like you're up at the same time that model is falling apart. john: we did have these laws but not as many. >> as much as seven like the regulated laissez-faire economy just make sure you have enough breathing room to prosper. over time if government grows faster than a private sector that wedge means the burden of gdp, it is not like one straw causes it to collapse, but there is a tipping point*. are we five years away from being greece or italy? twenty years? i don't know. this trendline is bad. happening under bush and obama. it does not work. john: good intentions and that go bad. clean energy'
does not come to the banking sector. the capital does not come from bank of america's pockets. knows is coming out of fannie or freddie or fha. this provides a backdrop of global securitization around the world. the u.s. is a heavy user of credit products. europe is a distant second. it gives you a backdrop of the credit availability. this gives you some backdrop that the markets in the united states have come back to an extent if you look at the various asset classes. not as many people buying cars. the market is functioning. most of the student loans are going under the government's balance sheet. different loan obligations -- this data is a little bit old. $50 billion and that market is rapidly returning. this is the slide that everybody talks about, the dramatic change in how mortgage credit is made in the united states over the past six years. securitization of volumes have gone up by $300 billion in the past six years. private credit is a huge volume. $700 billion put through the private label security system. $22 billion is overstating it. of all the slides i have, this is the
. the other, the gunman, hello everyone, i'm jamie colby, a brand new hour inside america's news room. >> rick: i'm rick folbaum and police are saying they have good evidence to begin to explain why 20-year-old adam lanza opened fire on innocent children and on those educators as well. the gunman is seen here in a picture taken a number of years ago and we're now learning that despite earlier reports that this young man's mother worked at the school, police are now saying that that he have been unable to establish any connection between the mother and the school. >> jamie: so many things developing this hour. we'll have a lot of new information. at this hour police say they've now identified all of the victims in the tragedy as they worked tirelessly to comb the crime scene. >> we still have major crime detectives and newtown detectives working at the scene in the school. that's not completed and that probably will not be completed for at least another day and a half to two days and i'm putting a time limit on it, it could take longer. as i've explained in previous press conferences, we've don
faster visited this community today ((butt to)) ((obama)) ther' not a parent in america who doesn't feel the same overwhelming grief that i do" >> i don't understand how someone could hurt children. i just don't get that. what did those poor babies do to you? >> evil visited this community today. >> i know there's not a parent in america who doesn't feel the same overwhelming grief that i do. >> an unthinkable horror. tonight, news details about thee guns bought by his mother, and amid all the grief, the heroes, including the teacher who saved her students by barricading them in a bathroom. >>> good evening. i'm elizabeth cook. >> the sed deadliest school shooting unfolded in just a few minutes. a 20-year-old walked in to an elementary school and started shooting. 20 children are among the dead. it's a crime investigators are only starting to piece together. cbs reporter ines is standing by with the latest. >> i'm standing down the street from where sandy hook elementary school is located. it's a tragedy that has shocked this town. tonight parents and family members are grieving, child
were everywhere. >> i know there is not a parent in america who doesn't feel the same overwhelming grief that i do. >> tonight the shooting spree at a grade school. i'm bill hemmer. evening, in for shepard smith. we're live in newtown, connecticut, small town, 90 minutes north of manhattan that right now is dealing with the aftermath of an unspeakable crime. the murder of innocent children. it happened at sandy hook elementary, connecticut state police saying a gunman walked into that k through fourth grade school earlier today, around 9:30 local time, and opened fire. investigators say he murdered 20 children and six adults. >> the kids were terrified. they were terrified. they had just witnessed something and they terrified. >> many of them were friends of ours and people we socialize with. it's painful right now. >> 20 children. this image shows connecticut state police leading children away from the school, each of their small hands on the shoulders of the children in front of them as they walk from the scene where a mad man killed their friends. this woman was on the phone wai
this afternoon. >> i know there's not a parent in america who doesn't feel the same overwhelming grief that i do. the majority of those who died today were children. beautiful little kids between the ages of 5 and 10 years old. they had their entire lives ahead of them. birthdays, graduations, weddings. kids of their own. >> reporter: the president, incredibly emotional as he addressed reporters in the nation as these horrible details became more and more evident moment by moment today. my colleague susan candiotti has been working not only the scene of the shooting at sandy hook elementary but also police sources throughout this community as well. you've been able to find out some remarkable information throughout the day. >> it really has been stunning throughout the day to try to figure out the motive of the shooting and we still don't know the answer to that very important question right now. as you indicated ashleigh, what we are finding out is a little bit about the shooter but not much. only that he was dressed in black military fatigues and the a military-type vest. we also know that the
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